THE FIRST FIVE #STAR HOTEL....Fashola commissions Lagos ‘first five star’ hotel Lagos State Governor, Mr. Babatunde Fashola (SAN) has unveiled the first five star hotel constructed at the cost of about N30 billion in the state. .......:... Governor Fashola commissioned the massive edifice name Intercontinental Lagos, situated at Kofo Abayomi, Street Victoria Island, before a large audience including the Governor of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, Oba of Lagos and stakeholders in hospitality industry. He said the development would help boost tourism opportunities in the state as well as generate employment for youths. Fashola added that his administration provided the enabling environment for investors in hospitality industry to invest in the state, while urging residents to take full advantage of the various opportunities that the facility offers. Fashola noted that one major challenges confronting the state in its drive to promote tourism is insufficient hotels, saying the state government is committed to supporting investors in that sector. “I salute the commitment of Millian Group on the Lagos economy and the passion to deliver the project and conviction that Lagos is a place to put their money, “he stated. Earlier the Chairman of Millian Group, Ramesh Valechha, said the hotel would change the landscape of Lagos and boost the hospitality industry in the state. He disclosed that Memorandum of Understanding for the project was signed on March 31, 2004 while it took two years to complete the design work before the conceptualization of the project began. Valenchha added that the Lagos State Government, Skye Bank and Wema Bank were in supportive of the project, adding that the building of the hotel gulped over N30 billion while 650 jobs were created for Nigerians.
Posted on: Mon, 30 Sep 2013 18:56:51 +0000
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